My Outsourced Bookkeeping was founded by ex-Big 4 Auditors who have directly experienced and have implemented outsourcing of accounting functions and processes at Fortune 500 companies. Both partners have worked for major Motion Picture Corporations and Digital Distribution Companies where they have successfully outsourced general ledger accounting functions for various business sectors. After leaving the Corporate world, the team decided to implement the idea and model of outsourcing accounting functions for small to mid-size CPA firms
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Bookkeeping is one of the vital functions for a CPA firm and maintaining the clients’ books properly is critical throughout the year. It involves recording all the financial transactions that occur throughout the year. Ultimately, reconciled books are the basis for making many financial and organizational decisions:
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Calculating your revenues2
Budgeting & Forecasting for future3
Paying Taxes4
Borrowing Loans to Expand the Business5
Planning to Buy a House6
New technologies & developmentBank and credit card statements uploaded or obtained from financial institutions
Balances are reconciled against statements
Reconcile and log out of the client QB file outside of standard business hours
Quick turnaround of work
Overseen and reviewed by a CPA and an EA in the US
Communicated with the CPA firm daily
Customized worksheets are built to cater each CPA firm
